riversource global technology fund seeks to provide shareholders with long term capital growth annual report for the period ended oct 31 2006 sm this page is not part of from chairman arne h carlson board fellow shareholder retirement has become an extraordinarily challenging issue both corporate and government worlds as well individuals that end mutual industry increasingly moving in direction providing life cycle funds essentially build portfolios meet specific expectations based on age risk tolerance according investment company institute assets these grew by 64 2005 goal here individual investor best management relative asset allocation there little doubt approach will continue grow investments invested significantly types offerings our one hand we are pleased progress been made terms performance equally positive coverage financial media nevertheless focus solid consistent over